Federal Reserve: There is no need to adjust interest rates in the short term and the task of lowering inflation has not yet been completed

Snippet of Article: "...latest U.S. Consumer Price Index (CPI) data released on Wednesday, which showed a 0.4% increase in month-on-month inflation and a 3.5% rise compared to the previous year. Core CPI, which excludes volatile food and energy prices, also saw an increase of 0.4% month-on-month and 3.8% year-on-year. These figures exceeded market expectations and underscored the challenge faced by the Fed in managing inflationary pressures. The overall inflation rate of 3.5% is the highest level since ..."

Source: www.breakinglatest.news

Inflation,2024,Federal Reserve,Interest Rates,The Biden Years,Consumer Price Index (CPI),CPI,

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Federal Reserve believes we need more interest rate hikes

Snippet of Article: "Bowman’s position is resolute: the solution may well involve elevating interest rates and maintaining them at a more stringent level. ...data stream continues to show lackluster progress towards achieving the 2% inflation goal, Bowman has signaled her inclination to endorse an interest rate increase in the foreseeable future...."

Source: www.cryptopolitan.com

Inflation,Interest Rates,Federal Reserve,

Federal Reserve | ‘Significant’ Inflation Risk That May Merit More Hikes

Fed Saw ‘Significant’ Inflation Risk That May Merit More Hikes

Snippet of Article: "...Federal Reserve officials at their policy meeting in July largely remained concerned that inflation would fail to recede and that further interest-rate increases would be needed. At the same time, cracks in that consensus were also becoming more apparent. “Most participants continued to see significant upside risks to inflation, which could require further tightening of monetary policy..."

Source: www.bloomberg.com

Biden Inflation,Bidenomics,Biden Legacy,Economic Destruction, Fails by Biden, Destruction of the American Retiree,Interest Rates,government induced inflation,

Today’s Bank Panic Has Alarming Historical Echoes

Snippet of Article: "The demise of three banks within just one week this month bears eerie resemblance to September 2007. ...By October 2008, the full-blown U.S. banking crises had hit European and U.K. banks, ultimately requiring the U.K. government to take majority-stake holdings in the Royal Bank of Scotland and HBOS. They were, effectively, nationalized. With that sequence of events in mind, now consider what has unfolded in the U.S. and Switzerland in recent days. ..."

Source: www.barrons.com

Bank Panic, Financial Crisis 2023,Biden Legacy,Fed Bank, Interest Rates,